2012-12-29
2012-12-29
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English 93

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that john boehner is having a hard time to get them to agree to his packages like plan b out here. we don't know how much out here in the public things have changed since last week, but it seemed like president obama was saying something that he was planning to say if it came down to the last few days. >> joy, is this the same kind of negotiation we saw in the first term? >> well, richard, one of the things that you didn't see the president do is to offer a new plan and he is laying the debacle at the feet squarely on congress and for the all to see where the dysfunction lies and the president helped himself by making offers that even his base was uncomfortable with, because it is fair to everyone that he is reasonable and trying to make the offers and that the intransigence is on the other side and he is expressing proper proper properlyly the frustration of the american people. >> and now it moves to mitch mcconnell from harry reid. and we have sound from mitch mcconnell on the house floor and harry reid. >> we had a good discussion with the majority leader with the hopes to come forwar

farther right running against them in primary, that john boehner's plan last week. we don't know how much has changed since last week. but president obama sounded like he was saying something that he had been planning to say all along. >> it's almost like the white house is stepping out. i think we have some sound from mitch mcconnell talking about the next steps. let's see if we can run that out. >> we had a good meeting at the white house. we are engaged in discussions, if majority leader, myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. that i can make to my conference and the majority leader can make to his conference. >> i'm going to do everything that i can, i'm confident senator mcconnell will do the same. but everybody, this is -- whatever we come up with, this is going to be imperfect. and some people aren't going to like it. some people will like it less. but that's where we are. and i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. we're going to do the

in primary, that john boehner's plan last week. we don't know how much has changed since last week. but president obama sounded like he was saying something that he had been planning to say a all along. >> take a listen to the president's tone and tell me if you think somebody has changed. >> ordinary folks. they do their jobs. they meet deadlines. they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. >> joy, is this is same kind of negotiator we saw in the first term? >> i'll tell you, richard. one of the things you notice that the president didn't do was offer any new plan. i think he's laying this debacle squarely at the feet of congress. and the president, i think, helped himself by previously making some offers that even his base was uncomfortable with. it's clear to everyone watching that he's been reasonable to try to make offers. i think he's expressing plopperly the frustration of the american people. >> it's almo

of senator boehner. tax rates increase for those over a million dollars. you are a guy that is well known as a conservative. in principle isn't that something you think hurts the economy? >> no question what the president wants to do is bad for the economy, sean. what concerns me is we are now three days away from a really bad law taking effect which is increasing tax rates on everybody, huge increases on capital gains, massive increase on dividends. this is destructive. i see my mission in part to try to absolutely minimize the damage. unfortunately, i don't have the ability to repeal that law and the democrats control two out of the three parts of the elect ared government. i will fight as hard as i can to minimize this damage. but i got to be honest with you, i mean we got a pretty tough hand to deal with here. and we can't just change that law by ourselves. >> sean: it seems to me senator johnson three things that maybe the president hasn't thought of. number one if the president goes over the fiscal cliff on his watch the optics are not very good for him. while he may think there is

.8% or whatever it was of americans that was john boehner's plan "b." a couple of things are either being misreported or inaccurately reported because what gets in the way of the president's plan is the constitution of the united states. and the good thing about this meeting is that the focus is now firmly on the united states senate where it should have been all these months. the house acted a long time ago to extend all the tax cuts and take care of sequestration. the senate has given speeches. >> you're referring to the fact that revenue issues are supposed to generate in the house. right now, both speaker boehner and the president say it's between reid and mcconnell which does raise the question, whatever procedural and constitutional issues, which are profound. are you concerned as a republican, someone who is close to speaker boehner, if we go over the fiscal cliff, that republicans will get the blame? >> well, of course they will. because republicans get blamed if it rains if washington. that shouldn't be the test here, it shouldn't be the consideration. but senator reid has had it

the details tonight. >> reporter: house speaker john boehner back in washington immediately heading to the white house for a late afternoon fiscal cliff meeting which brought the president and congressional leaders together for the first time since november, but it's unclear if it brought country any closer to avoiding the fiscal cliff. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and, in fact, the world economy aren't adversely impacted because people can't do their jobs. >> reporter: the president called the meeting as lawmakers pointed fingers in this high stakes game of chicken. >> it's republicans who are holding hostage the middle class in america so that the wealthy don't have to pay their fair share. >> we need two words, presidential leadership on not just taxing rich people, we could tax all the rich people and cut their heads off and it wouldn't help the medicare fiscal cliff. >> reporter: with time running out hopes for a grand bargain

through the senate and doesn't make john boehner look too bad in the house and there are a lot of conservatives in the house that don't want to do any type of deal that would raise taxes on anybody even though they'll go up on the entire country the first tax hike in 20 years after monday night. >> and one would also assume that mitch mcconnell would have to back a grant, he could face a primary fight if this thing -- >> you touched on one of the great sub plots of these entire negotiations is personal things that boehner and mcconnell have in these negotiations. obviously, mcconnell doesn't want to have someone on the right come after him because he was in favor of a tax hike and john boehner's re-election as speaker of the house. and that would come across as a vote of no confidence. very embarrassing and they don't expect it happening and there's a lot at stake for mitch mcconnell and john boehner personally. great point you brought up. >> if the senate fails to come up with something, does the president have the votes? >> reporter: if harry reid got this through the senate,

-minute deal and this plan would not be the grand bargain that john boehner started initially working on. that plan would have dealt with tax reform and deficit reduction and this will be a much more scaled back version that will deal with the issue of taxes and that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to increase on those making $250,000 or less. republicans have said that's way too low. so they're thinking about potentially compromising on a rate that would be $400,000 or $500,000, but some republicans are saying they don't think that the tax rate should go up on anyone. so taxes still the major sticking point. right now the negotiations are going on the hill and there's a lot of optimism that came from the talks yesterday. of course, president obama hosted congressional leaders at the white house and they left that meeting and many said that it was constructive and they were optimistic that a deal could get done and i've been talking to my sources today and that same optimism isn't really present right now. there's

conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. i just have to repeat. you know, outside of washington, nobody understands how it is that this seems to be a repeat pattern, over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. and needs to stop. >> i just have to repea

boehner presented this plan b, which would have given -- extended tax cuts to those making less than $1 million and that was soundly rejected by his caucus. he never even presented it to the floor. so basically what he's done is thrown up his hands and said the house is out of this. we're just sitting on the sidelines sadly. so we have to wait and see what the senate is going to do. i was very glad to hear mr. mcconnell and senator reid say that they were going forward trying to work out something. but t.j., we have to address this moment very seriously. because there are so many people who are going to be possibly harmed if we don't act. and so we're just going to have to see what they're able to come up with. >> and i've got some more policy things. but on the politics and the optics of it, explain to people who are watching now who are a couple of days away from their taxes going up. it's hard for them to get their heads around you not being in d.c., that congress or the house at least not being in session. it's as if -- again it's the optics of this thing. it almost sounds like you'

wants tax cuts to expire for everyone except those making $250,000 a year. john boehner's plan "b" was anyone making under $1 million a year. neither seemed to work. it looked like president obottomma was coming back with the same deal, $250. they are miles apart. they are miles apart. >> there is a big divide. andrea, you were able to speak with a number of people on the hill. what reaction are you getting? >> well, the president has spread these stories and people in his administration that he is going to come to the table with a deal. we have been hearing that all week long. that did not happen. swan dive, we're going off the cliff. president obama wants us to go off. he is going to come back with a larger plan, the obama tax cuts. then he will be able to reinstate those across-the-board sequestration cuts to gut things like defense, national institutes of health. he will be able to reinstate a lot of programs and give his caucus the opportunity to say, look, i am voting for something and to restore tax cuts for the middle class. i am voting to restore the great things. and the

it to the house of representatives where the president says the house speaker john boehner should put it on the floor, regardless if it gets the majority of the majority. that's the traditional way of doing things. the president said if any of the process fails, any of the steps along the way we outline, a senate agreement, vote in the senate, moving to the house, if it fails, the president wants a basic bill on the floor that sets those income levels at $250,000 above, to have everyone have their taxes rice rice. a lot of ifs and but, a flurry of last-minute activity, focused on the congressional leaders in the wes wing of the white house. >> like you said it will take a badda bing, badda boom to get this done. >>> joining me now is ed o'keefe and staff writer for "roll call," jonathan strong. thank you, both, for being here. i want to listen to more of what the president said on friday. i'll ask you about it on the other side. let's listen. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the m

than $250,000 a year should pay more. higher tax rate. john boehner floated a plan that would have kept low rates for those making up to a million dollars. two house members talked to us earlier today about where the tax issue is likely heading. >> the $400,000 level seems to me to be about right. that represents about the top 1% of income earners in the country. we need to save tax hikes on as many americans as we can. i kind of feel like i'm a life guard and we got to save as many people from crown not guilty higher taxes as we can. >> the challenge is finding the right figure to win some republican support in the senate and attract enough votes to pass the house. kelly. >> kelly: interesting comment right there, feeling like a life guard. many people are wondering if they're going to do that on capitol hill. thanks so much. going to be an interesting new year. watch fox sunday tomorrow. chris wallace talks with lindsey graham and nine fine stein. check your -- diane feinstein. >> heather: new york city police have a woman in custody who they believe killed a man by pushing him in fro

boehner deferred to senate colleagues and told him house leaders were consider, accept or amend their plan, what's not expected to be included is increasing the debt limit, something that democrats wanted and republicans have resisted. if senate leaders cannot strike a deal, the president wants congress to vote on what would be plan c. it would focus on three key areas, keeping tax cuts for those making $250,000 or less. extending unemployment benefits and delay dramatic spending cuts until late next year. top senate republicans sound hopeful a deal can be reached. >> we are engaged in discussions, majority leader and myself, and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> among the issues to be hammered out shall the threshold for extending the push tax cuts and president obama campaigned and sounds like, 400,000 may be where they're heading. a leader says that permanency is key, and fixing the death tax and a permanent solution for the alternative

's share of his time negotiating with speaker boehner, that did not work. what can you tell us about the key individuals involved in the process now, president obama, senator majority leader harry reed and mitch mcconnell. what is the tone? >> it's all about the senate right now, that is one of the more remarkable developments. all along we thought it would be between the obama white house and house speaker john boehner and there was a logic behind that. because getting legislation out of the house is the trickier part of crafting any type of deal. but with the house saying look, we need the senate to do something, the last ditch effort is occurring in the senate right now. i spoke to staffers close to senator mcconnell that said there was optimism on their side yesterday, including from their boss, senator minority leader mitch mcconnell to get a deal. of course, any kind of word in reading from the members themselves will not come until tomorrow, but it's both chris and luke that said in the segment before mine, there is a sense that what might have been optimism yesterday does not

worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and of course protocol, the senate won't return until sunday. will there be enough time for the senate leaders to really craft a deal that is substantive and makes a difference, especially to the most vulnerable americans? >> yeah, i think the two keys that the president laid out are to protect middle class americans from tax increases and to protect families that haven't been able to get back in the workforce, having their unemployment insurance cut off. and if those two things can be done, a lot of the rest can be worked in in the weeks and days to come. we have other deadlines coming up for the debt limit and for the end of the continuing resolution, so i think this is likely to be a bit of a continuing process. but the really immediate stuff, i think they can clearly do. the big choice is going to be republican leader mcconnell's. and that is, does he insist on filibustering this effort? if he does choose to filibuster t

the debt ceiling and with some of boehner's closest allies had met in the speaker's office and said to him, john if you come back with the deal, that you fashioned with obama this doesn't get more than say 100 votes or so and the republicans, cancer has cantor has started a whispered campaign and you are going to be -- we saw it happen with speaker gingrich and it can happen here. boehner walked away from a deal shortly after that. >> i want to come to the interplay between the leadership on the republican side in in a second but i have to ask this based on what you said. i think you know the president gave what was initially an off the record interview to the "des moines register" editorial board, speaking although he did not get the endorsement of that paper in one of the things he said in the interview was he believed he could get a grand bargain struck on the debt ceiling if he were reelected on november 6. a son what you're saying they may not be possible if if the freshman and now sophomores and many members who come and don't eventually give a nether blessing to cut a deal. in her m

for congress' performance are different from that which the republicans use. as speaker john boehner has said over and over, the second pass a record low number of those pixel of the congress that were not imposing regulations and not increasing taxes. that's way one of looking on it. the way most people look at it attested to by record low popularity approval rating is that this is a congress that has been defined by dysfunction of the law, a congress in which has never been writer than none and where compromise is really seem to be a foreign-policy, a policy foreign to the roast great deliberative body. >> to think of people who ran in 2010 and got elected with the people who ran before it ended now ascended to of leadership leave no with a solution or they were elected to not do things as opposed to do things? >> again, from the class of 2010 and now i refer to the 87 freshman, the so-called tea party class of the 112 congress, their belief is they are doing precisely what the people who elected them wish to do, which is rollback obama initiatives to cut spending. a lot of them thought the

have to get onto the house floor. why would speaker boehner put it on the house floor? that's not in his interest. no republicans want that. so it's never going to happen politically. so when he calls for it to happen, he's simply telling the american public look -- these republicans are obstructing an idea. it gives him the potential to eventually make the argument that republicans obstruct an idea that he thinks could win and republicans will say well that's ridiculous because we object to it on principle and that's why we're objecting to it procedurally. does that make sense? >> jessica, stay there. thanks for your explanation. i want to bring in the rest of our panel. ken rogoff, harvard university, former chief economist at the international monetary fund, annie lowry an economic policy reporter for "the new york times." steven moore, editorial writer for "the wall street journal." ken, you tear financial crisis guru here. forget the politics. just give us the math. if washington fails to avert the cliff, the worst-case scenario will be the combination of tax hikes and

president obama said he was modestly optimistic. bypassing house speaker john boehner, who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority on minority leads are harry reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, i asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment is still available for 2 million people on that lays the groundwork for additional deficit reduction on economic growth steps that we can take in the new year but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting on sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it's a very serious meeting on it took an ex

-calling. harry reid called boehner a dictator. i find it strange because they don't call actual dick tears dictators. they never call chavez or castro a dictator but they will call boehner a dictator. are they going to start acting like adults soon. >> the house has done their job. it's ironic to me that harry reid goes after john boehner. the house of representatives did this months ago which is when it should have been done. extended the rates. replaced the across the board cuts with responsible reductions in spending. and, yet, here the senate is pointing the finger at the house of representatives. the speaker is right to say it's up to the senate. and this is where it's going to have to happen. >> all right, senator. thanks at lot. next on the run down do both parties actually want to go over the fiscal cliff to save political face? we'll debate it the state department officials out of their jobs after the benghazi terrorist attack are reportedly still on the payroll. we have details moments away. >> greg: continuing with top story tonight. with days to go. both parties want it to go o

an obligation to do the best we can and that was made very clear. >> brown: house speaker john boehner aides said if the senate passes a bill the house will take it up and either accept or amend it and a short time ago president obama appeared in the white house briefing room with a statement. here is some of what he said. >> we had a constructive meeting today. senators reids and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. but given how things have been working in this town, we always have to wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i've asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle-class families don't go up. that unemployment insurance is still available for 2 million people, and that lays the ground

leader mitch mcconnel are working on a deal. he meet with them along with house speaker john boehner and house democratic leader nancy pelosi.at the white house for about an hour today. he said the meeting was good and constructive. but expressed his frustration for the american people with waiting until stories... >> america wonders why you cannot get things done in this town in an organized timetable. why does everything have to wait until the last minute? now, we are at the last minute. the american people are not going to have many patients for a self-inflicted wound to our economy. >> reporter: coming up at 5:30 we'll have more from the president. and our political analyst michael yaki will give us his take on today's developments. >> catherine: there's rain on the way this holiday weekend. this is a live look from our camera on mount tam. and a look at downtown san francisco. i'm here in the weather center with jacqueline bennet -- where is the wet weather? >> jacqueline: we are still getting some return on the radar but it is still too dry for the rain to hit the ground. it wi

. the reason that that could happen if mitch mcconnell lets it happen, john boehner may feel no option but to put that on the floor for pass adge whether or not most republicans are for it. that would be the realization of that -- >> wouldn't that violate the principle that would have govern the policy that nothing wowlingd pass unless the yort of the majority support it. >> it would violate the principle. some democrats think that mitch mcconnell is ready to force john boehner's hand. we know the republicans are going to lose the fight of taxes because tax rates are going to go up for every -- the only question is how many people they go up for. so if you already know what the outcome is going to be, the question is how much punishment do they want to take? it is possible that they would wait after january 1. they could say we're going to cut taxes now instead of vote to allow them to go up. gwen: let's move on. because there's one more thing we want to go to. from iran to syria to libya to egypt to israeli, palestinian standoff over gaza, the obama administration's wishes have seldom

the lead while house leader john boehner is taking a backseat. >> reporter: urging leaders to do their job. >> if an agreement is not reached in time between senator reid and senator mccolen, i will urge senator reid to bring in a package for an up and down vote. one that protects the middle class from a tax hike. >> reporter: following the high stakes meeting on friday, senate appears to be poise. >> we will work hard to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> i will do everything that i can. i am confident senator will do the same. but everybody, whatever we come up with will be imperfect. some people aren't going to like it. some people will like it less but that is where we are. >> reporter: accept at majority leader reid called senate not to meet on saturday while leaders negotiate. boehner said he will not bring anything in the house unless it passes senate. if it fails to pass, every american will see a tax rate increase and unemployment benefits will go away. >> ordinary people do their jobs, meet deadlines, they sit down and discuss things a

is not made soon between which mcconnell and house speaker, john boehner i will perch read to bring in agreement that will protect the middle-class. >> reporter: with a high- stakes meeting they seem poised to work towards a solution. >> we are going to work hard to see if we can get there in the next 24 hours. i am hopeful. >> i am going to do everything i can in my power. what ever we come up with is not going to be perfect. some people are not going to like it. >> reporter: senate majority leader reed says that there were hoping not to have to meet on saturday and house speaker, john boehner will not bring anything until it is passed by the senate. however, if nothing is done unemployment benefits will expire payroll deduction will not be continued. >> if there are disagreements they will sort through them. the notion that our elected leadership cannot do the same thing is mind-boggling. it needs to stop. >> catherine: banks racked up a record 10-point-seven- billion dollars in fines in 20-12. that includes what the banks paid to u-s and state authorities-- but it doesn't include

. >> sources say house speaker are john boehner deferred to senate colleagues and told them house leaders would consider, accept or amend their plan. what s not expected to be included in any deal is increasing the debt limit, something democrats have wanted and republicans have resisted. >> we he haded a long meeting in the white house and it was constructive. we hope that it will bear fruit. but that is what we hoped a lot. i think that the next 24 hours will be very instructive as to what we are able to accomplish. >> if it doesn't work president obama wants lawmakers to vote on what would essentially be plan c. here is what it would include. focusing on three key area. keeping tax cuts for those making $250,000 a year or less. extending unemployment benefits and it would delay dramatic spending cuts until later next year. the top senate republican recognizes this is a critical time. >> we are engaged in discussions the majority leader and myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the maj

mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure the anger perhaps that

to democrats produces different from that which the republicans would use. a speaker john boehner has said over and overcome in the past record lows speaks ill of this congress are not imposing new regulations are increasing taxes. that's one way of looking at it. the way most people look at it i tested two bytes record of popularity approval rating is that this is a congress that has been defined by dysfunction in gridlock, a congress in which half a loaf has never been better than none. there were compromises really seem to be a foreign policy, naming a policy for him to the world's great deliberative body. >> you actually think that people are granted 2010 it got elected or the people ran before and it now ascended to positions of leadership believes that go with a solution or they were like that to not do things i supposed to do things? >> well, again, from a class of 2010 and our effort to the the 87 freshman, the so-called tea party class of the 112 congress, their belief is they are doing precisely what the people who elected them did, which is rolled back obama initiatives, cut spending

war in a weekend. >> dave: he can get it done but there is still john boehner and the house republicans. i'm not modestly optimistic. anything through the house at this point. >> juliet: like lindsey gram said two days ago when you call a meeting publicly in washington it usually turns out to be the dog and pony show or theater basically. honestly calling at this late hour. they met for an hour. what could really go down in that type of meeting? things can go down but really, it's just at the edge. they waited so long. they all went on their vacations. >> clayton: here are some things on the table to answer those questions perhaps. generalities. we don't know what's been tabled. democrats still strong about this. they say they were, yeah, here is -- take a look at this. keeping tax cuts for those making $250,000 a year or less. we know that's there. that may shift because we are hearing from republicans they may be willing to go as high as $500,000 a year. of the extended. >> dave: that's my guess. >> extending unemployment tax benefits for 2 million folks still unemployed.

is the politics around that? >> well, john boehner, and it is important to understand that the incentive structure is different for the rank and file and back bench. if you are john boehner, you are more susceptible to the wall street pressure and the can't ter and the people who are aspiring to run for something bigger like paul ryan have a bigger ip sensitive, too. and right now, boehner wants to get re-elected speaker, and so he is trying to walk away from the deal as much as possible to not jeopardize the speakership. so he has technically thrown it to the senate. constitutionally it has to go through both houses. >> just constitutional ly. minor detail. >> and boehner is constitutionally dammed because he is getting out of it and burned too much. so if reid and mcconnell can get through the deal that is not filibustered, they have to amend a bill in the house that extends the tax cuts for everybody, and gut that bill, because it has to emerge from there, and then fill it, and hope and pray that boehner can find 30 republicans to vote for it. >> that is the story that you feel when the preside

connell, they really are the focus in the senate. in the house, it's speaker john boehner. i've got to ask you, is his job on the line if republicans balk at any deal that's reached? >> no, not at all. speaker boehner is extremely strong. his conferences support him and knows that he's been in a tough position trying to negotiate the fiscal deal with the president. he's been doing this for weeks, month, working on this deal. and you know, they gave it a shot. they tried their best. the house, you know, house republicans wouldn't go for it. and said, you know, it's up to the senate. and once -- if the senate passes something, the house now will consider it. so i -- i do think that the speaker is in a very strong position. and besides, this is a very difficult job. i don't see many republicans standing up and wanting to take speaker boehner on. not many other people could do the job like speaker boehner is. >> i agree. i see you saying that. think about it, he didn't look good when plan b couldn't go to a vote. how can he be strong in this position? >> i think house republican see the position he's in.

, it is a very difficult situation for speaker boehner and the house republicans to be in. i feel very sorry for them. they are caught in a trap. lou: a trap, a conundrum that was perfectly visible. it was transparent where we would be. and the republicans, the republican leadership, the republican national committee. all of the so-called wise men and women of the party did absolutely nothing to prepare for this strategic moment, and they are coming up woefully short. >> that's very true. you knew it happened 10 years ago when there was a provision that this was going to happen. here it is. i think the key for the republicans from my standpoint is to get this over with as quickly as possible. the serious business of trying to prevent spending increases and other programs. without giving up the position of republicans and being able to get those tax cuts. we will have an awful 2013 and 2000 putting him and i think the republicans could take over the senate and increased the majority of senate and house if they don't give up their key issue, tax cuts. lou: there has been no talk of growth in t

and realize that obama is crazy. john boehner is also crazy. none of them have any inkling, let alone a loyalty or fidelity, toward what would be good toward the american people. it is all about them. obama is going to retire in four years. he is looking at making millions of dollars on a speech circuit after that. john boehner is going to become a lobbyist. none of them care. host: we are going to leave it there. we have some items from . a couple of folks up in weighing in on facebook. -- a couple of folks have been weighing in on facebook. back to the telephones. ruth on the line for democrats. caller: they talk about the fiscal clef, but they are not really interested in fiske's -- fixing the fiscal cliff. there are interested in their own party. they have been against the president from the beginning, so they are not going to change anything. they do not want to help america. what people are they for? the people have spoken, but they do not ever listen to the people. what people are the working for? host: james in new york as a deadline for independents. caller: i just want to p

: sources say john boehner referred to his senate colleagues and told them house leaders would consider their plan. one item raising the debt limit is not expected to be a part of any final compromise. if senate leaders fail the president wants congress to vote his plan keeping tax cuts for making $250,000 a year less, extending unemployment benefits for some 2 million people and delaying spending cuts until later this year. white house officials that top senate republican will be a key force in getting a deal after he made these comments. >> we are engaged in discussions majority leader and white house in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and majority leader can make to his conference. >>> among the issues to be hammered out is income level for extending president bush tax cuts. they send it on $250,000 but it sounds like $400,000 is where negotiations are heading. a leading republican senator says permanent is key giving certainty on tax rates that g.o.p. senators say a permanent solution for the alternativ

is that the president basically told john boehner and mitch mcconnell the republican leaders in the room here for this meeting that he wants an up or down vote on his scaled back bill to try to avoid this fiscal cliff. and he basically turned on them and said so what's your response? what's your move? the next move is yours. and then i'm told that mitch mcconnell and harry reid, the democratic leader in the senate jumped in before john boehner really got a chance to fully respond and say, look, we will take the ball and try to pass a bipartisan bill in the senate. the president responded by saying i will give you a day or two but we're running out of time. if you don't get it done in the senate. i want an up or down vote. then he came out and addressed reporters in the briefing room it is clear that the president is only cautiously optimistic that this is going to take a look. take a listen. >> it if there are disagreements they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. i'm moderately optimistic t

and speaker boehner has made the same argument. >> thank you so much. we want to show people what is going on with the after markets because even though john says people are optimistic the markets are not optimistic. right now if the dow jones industrial average were to open at this moment it would be down 315 points. that's a reflection of the futures trading that happens in the after-hours. we'll see how asia opens on monday and right now the markets do not like what they see. they are not optimistic at this point and maybe if a mini deal gets done, a mini deal is not enough to deal with what the country faces. after all of this time the president still wants congress to come up with a plan instead of assuming the leadership mantle himself. let's talk to a member of congress about that. james langford serves in the house budget committee and he joins me now. sir, have you conceded you're not getting spending cuts are you voting on raises taxes on people who make over $250,000 come sunday or monday, whatever it is? >> sequestration is a debt ceiling deal from last year. we made a deal and

-minute deal towards the so called -- to avoid the so-called fiscal cliff has finished. john boehner was at the white house today, trying to reach an agreement to avoid hundreds of billions of dollars of tax increases and spending cuts. no statement is expected anytime soon. we go live now to washington to war correspondent, ben. >> all of the participants at this meeting left without a word. i don't think we will hear from them the rest of the day. there is a great deal at stake and very little time left. it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousne

the fact that speaker boehner's caucus seems to be doing whatever it wants to do. still, jerry blames the president. the decision was made at the polls in november. obama has the upper hand and he wants all taxes to go up so he can spend and run this country in the ground. but gary points out, the president wants more taxes only on the well to do. so taxing the rich will not get all some may want but that does not mean they should not pay what they ought to pay, and that is what they paid in 1999. okay then, okay now. you want to pay down the national debt? put everyone to work. that was doing it 15 years ago, and that can do it now. >>> that is our broadcast for tonight. we'll hope you will be around for our broadcast at 1 1:00. i will be here with erica. we'll see you then. have a great evening. bye-bye. >>> from cheating to fist fighting to a drug overdose, the biggest celebrity scandals of 2012. >>> lindsay lohan's arrest. are you afraid your daughter's going to go back to jail? >> dena's appearance with dr. phil. >> in your little shoes. >>> demi moore's wild dancing and the fran

on plan a, a $4 trillion debt deal, and after the failure of speaker john boehner's plan b mr. obama has taken the initiative to bring plan c to the meeting today. >> this is not for show. this is a last ditch effort by the president to bring the congressional leaders together to try and get at least a small package, small deal together, before the new year to avoid some of the tax parts of the fiscal cliff and to deal with some of the unexcept issues. >> reporter: that package first unveiled by the president last friday before left for hawaii is a slimmed down bill that would focus on three key areas, keeping tax cuts only for those making $250,000 a year or less, extending unemployment benefits and with the clock ticking it would delay dramatic spending cut until later next year. >> i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. >> reporter: after the meeting the

speaker john boehner and his fellow republicans before monday night's deadline. brian mooar, nbc washington. >> and david gregory will have an interview with president obama on "meet the press." that's tomorrow morning at 10:30 right here on nbc 4. >>> you know what that means. it's make or break time for the redskins as they face the dallas cowboys tomorrow at fedex field. the winner is in the playoffs. jason is here with more. >> one more day and we'll see if the redskins are in the post season. six straight victories turned around the season. but this team isn't concerned about the past. come sunday none of that matters at fedex field. >> another game we have to go out and win. and that's the way we look at it. so, you know, every moment in your life is the biggest one at that time. we look forward to having many more of these but we have to take care of this one. >> the stakes are high, and emotions are going to be high. and we just got come out. we have to be perfect if we want to win the game. >> this game is going to be everything we got. there is no saving it for this or

with the dow tumbling 158 points. this slide began last week when speaker boehner was unable to bring his plan b. to a vote. that would have avoided the fiscal cliff. but he wasn't able to bring that to a vote. that made investors lose confidence, and since then, nothing really concrete has happened with the fiscal cliff to convince investors that a deal can get done. so at this point, the market doesn't really want a band-aid or so-called framework deal. in fact, one trader told me that it would almost be better if we went over the cliff, because that would give the markets some certainty. they would at least know what to expect. that is, of course, instead of a band-aid measure, because the worry there is that it would just kick the can down the road. now, this is usually the time of year when we see what's known as a santa claus rally, when investors push up stocks an average of 1.5% in the last few days of the year. and that kind of rally has come to wall street over the past four years. the santa claus rally still has some time to make it, though, with the market wrapping up 2012 on monda

>> senate majority leader reid asked to negotiate. boehner says he will not bring anything to vote in the house until it has passed the senate. nearly every american will see a tax increase starting january 1st and unemployment benefits will expire for millions. >> ordinary folks do their jobs, they meet deadlines. they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. >> in washington, i'm stacy cohan. >> uncertainty over the fiscal cliff is having a ripple effect from washington to wall street. u.s. stocks ended the session on friday in the red for the fifth straight day. a triple digit loss for the dow which tumbled 158 points, the nasdaq lost almost 26 points. the s&p 500 shed almost 16 points. and the gridlock in washington could help the current congress make history as the most unproductive ever. it's amazing. a review by the huffington post shows 219 bills have been passed this session, that's comp

as the ndesident and speaker boehner tried but failed to come up with omeeal. and it's kind of fitting that they're swooping in now at the last minute. that's exactly what they did during the debt crisis last summer, and the legislation they came up with, jeff, contributed o the fiscal cliff that we're facing right now. >> glor: the president says this just keeps happening again and again. nancy cordes, thank you. income taxes won't be the only taxes going up if there's no agreement. estate taxes paid by those who inherit property will also jump. here's john blackstone. >> reporter: jeff page owns 120- cre vineyard in california's napa valley. but when his great-grandfather started farming here in the late 1800s, this was cattle country. >> both sides of the family came en before the turn of the century, and farmed orchard fruit and cattle. he reporter: but much of the land he grew up on is gone, sold to pay estate taxes after his grandfather's death. had land back in the hills over there? >> yeah. >> reporter: had to sell it all. >> had to sell all of it? i reporter: estate tax? >> yes. >> repo

, the hon. john boehner. [applause] >> once again let me say thank you all for your presence here in the capitol rotunda today. let me also thank secretary clinton and mrs. bush for joining us and thank my colleagues on both sides of the capital for their work in bringing us all together. mike collins sponsored the resolution, thank you. one leader in particular deserves recognition for his extraordinary devotion to this cause and that is my good friend senator mitch mcconnell. in a few moments we will present miss suu kyi with the congressional gold medal and what a moment will be for a woman whose name means strange collection of bright victories. a quarter of a century ago, ms. suu kyi invited her countrymen to fulfill her father's goal to make democracy the popular creek. today because of the sacrifice of she and her supporters that invitation still stands, a bright victory indeed and one that we will celebrate today. as we do we can look ahead with a renewed sense of purpose, we can present this metal not only as a symbol of the highest honors but also of our highest hopes an

speaker john boehner does not want to bring anything until it is passed by the house. >> these everyday workers are going to be paying the price for all of not being able to get anything done. >> catherine: after a break in the rain.yet another round is this is a live look at conditions in san on van ness avenue. i'm in the weather center with jacqueline - who has been tracking this latest >> jacqueline: it has been a bit deceiving. but we are finally seeing rain hit the coast. half moon bay in the last one hour and a san francisco probably seen some sprinkles right now as well. let us to track some of these rainfall totals. not all of this is hitting the ground. there are pockets of yellow is indicating the rainfall in excess of 1 tenths per hour. we could it just see light sprinkles. as we go towards half moon bay. the rainfall totals and of and down the coast as this system continues to process along the coast. light rain towards richmond, berkeley. but one hour before things get saturated. as i mentioned a quick look outside. the satellite & radar pressing to the south and moving th

speaker boehner came to the capitol but left without comment. issue number one in the talks is amending the bush era tax cuts, which if unchanged will expire and raise taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, the president offered a compromise to raise taxes only on income above 400,000, hoping that might win republican support. >> i have gone at least halfway. >> reporter: the senate is also negotiating an extension of unemployment benefits for some 2 million jobless americans, without a deal those checks will stop next week for this mother of five who has been searching for work since february. >> if congress does not extend the unemployment benefits, then i would be without a home and i really don't know what else we would do. >> reporter: the deal under discussion in the senate right now doesn't even include the bi

. it was the last offer from the president to john boehner, the house speaker, before negotiations collapsed. it would do a few other thing like take care of the alternative minimum tax, protect taxpayers from the expansion of that burden. it would also raise medicare reimbursements for doctors or prevent them from falling, rather, extend unemployment benefits. the irony is that this is a much worse deal for republicans than they could have had earlier because it's not likely to include spending cuts or reforms of entitlement programs. at this point, republicans are knowing that they'll lose the tax debate are trying to figure out what are the least bad terms they can lose on. >> you mention that income level of $400,000. earlier, the speaker of the house had floated what he called the plan b that would allow cuts to expire on those making $1 million or more. republicans would not support that. why would they support this? >> well, many of them will not support this. but the dynamic that they're looking at is one that if you have a bipartisan bill go through the senate and a significant numb

no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor and leader nancy pelosi to predict a huge number of democrats needed to pass it. but if that plan falling through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> reporter: the president's basic package has much more for democrats to like. so don't expect that to get very far, but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiatorsoled up on capitol hill. the senate comes back into session at 1:00 on sunday. christi, alison? >>> and the cliffhanger continues. jessica yellin, thanks. >>> and january 1st is the deadline to make a deal on the fiscal cliff. for some states, it's a day that a series of new laws are going to take effect. let me get you clued in here. in california, talking more than 800 new laws, including one requiring apartments and condos to install carbon monoxide detectors. separately, employers will

called for them not to meet on saturday. house speaker john boehner said that he would not bring anything to the table on to the talks are resumed. >> ordinary people do their jobs and they need their lives. they sit down and they discuss things and things happen. if they have disagreements in this sort through them. the notion that our leadership cannot do the same thing is mind- boggling to me. it needs to stop. >> the time now is seven 07 a.m.. we will be right back. ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. >> take a look at wall street this morning. stocks ended the week yesterday on another down notes. invesinvestors-a given word about the fiscal cliff. the dow lost 158 points, it is currently a five day losing streak in its longest since july. the nasdaq reported 25 points. >> banks rack up a record to $10.7 billion in fines in 2012. that includes what the banks paid to u.s. and state of 40's-but it d

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